Online wholesale jewellery supplier

Independent jewellers, gift shops, boutiques, salons and market sellers who buy to resell.

You earn the difference between your buying price and your wholesale price. Retailers usually place repeat orders, often larger before the holiday season.

• Spotting styles that sell
• Negotiating with suppliers
• Organised stock and order handling
• Basic online selling

• Rules on marking and describing gold, silver and other precious metals; check the Competition Bureau and the Precious Metals Marking Act
• Import duties, taxes and customs brokerage if you buy from overseas suppliers
• GST/HST registration once you pass the small supplier threshold, and provincial sales tax rules for resellers
• Offering payment terms to retailers carries a risk of late or unpaid invoices
• Insurance for stock held at home and in transit; check your home insurance and ask about commercial cover
• In Quebec, catalogues and labelling may need to be available in French

Startup costs are typically estimated at around $3,000 to $15,000 CAD, depending on how much bulk stock you buy, your website or catalogue setup and your supplier terms. Starting with a smaller range keeps you nearer the lower end.

Monthly revenue is typically estimated at around $1,500 to $7,500 CAD, depending on how many retailers you sign up, your minimum order sizes and the range you stock. Offering payment terms can add a risk of late payments.

Check rules on marking and describing precious metals with the Competition Bureau and the Precious Metals Marking Act. Also check import duties and customs brokerage, GST/HST registration and provincial sales tax rules, insurance for stock, and French-language requirements if you sell in Quebec.